Examples of New York Superintendent in a sentence
LNY reserves the right to unilaterally change the Contract for the purpose of keeping the Contract in compliance with federal or state law, subject to the prior approval of the New York Superintendent of Insurance.
We will not change or modify this Contract without prior approval of the New York Superintendent of Insurance.
The Plan shall be effective upon its adoption by the Board and approval by Metropolitan Life Insurance Company, the sole shareholder of the Company and by the New York Superintendent of Insurance.
We will not change or modify this Certificate without prior approval by the New York Superintendent of Insurance.
No dividend shall be distributed to shareholders unless a notice of intention to declare such dividend and the amount thereof shall have been filed with the New York Superintendent of Insurance not less than thirty (30) days in advance of such proposed declaration.
AGM and MAC may each pay dividends without the prior approval of the New York Superintendent of Financial Services (New York Superintendent) that, together with all dividends declared or distributed by it during the preceding 12 months, do not exceed the lesser of 10% of its policyholders' surplus (as of its last annual or quarterly statement filed with the New York Superintendent) or 100% of its adjusted net investment income during that period.
This Agreement may not be assigned, terminated or amended by either party without the prior written consent of the New York Superintendent and any other regulatory body required to provide such consent.
We reserve the right, subject to prior approval of the New York Superintendent of Insurance and in compliance with applicable law, to establish additional Subaccounts which would invest in shares of a new Portfolio.
Section 44 of the Banking Law provides, in part, that the New York Superintendent of Financial Services (“Superintendent”) may, in a proceeding after notice and a hearing, require a mortgage loan originator (“MLO”) to pay to the people of this State a penalty for a violation of the Banking Law or any regulation promulgated thereunder.
The Plan shall be effective upon its adoption by the Board and approval by Metropolitan Life Insurance Company, the sole shareholder of the Company and by the New York Superintendent of Insurance pursuant to Section 7312(w) of the New York Insurance Law.